ACTIVE

PIPELINK

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Financial year 2025 · Closed on 31/12/2025

Net result4,1 M €-0,5 %over 1 year

Revenue21,1 M €+7,0 %over 1 year

Equity37,3 M €+12,5 %over 1 year

Workforce7,2 ETP-19,1 %over 1 year

Identity

Source · BCE/KBO

PIPELINK is a Public limited company incorporated in 1978. Its main activity is: Transport via pipeline. Its registered office is in Antwerpen. It employs on average 7,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0418.190.556
Incorporation: 22/03/1978
Legal form: Public limited company
Registered office: Zaha Hadidplein 1
2030 Antwerpen · FlandreSee on map
Contributed capital: 27 035 889,00 €
Latest accounts: 31/12/2025
Average workforce: 7,2 ETP

Activities (NACE)

49500Transport via pipeline· main 49500Transport via pipeline 60300Programming and broadcasting activities

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	21,1 M €	+7.0%	19,7 M €	+36.1%	14,5 M €	-4.1%	15,1 M €	+5.4%	14,3 M €
EBITDA	6,9 M €	+21.2%	5,7 M €	+14.7%	4,9 M €	+9.3%	4,5 M €	-13.3%	5,2 M €
Operating result	4,5 M €	+7.7%	4,2 M €	+6.0%	4 M €	+18.2%	3,4 M €	+30.7%	2,6 M €
Net result	4,1 M €	-0.5%	4,2 M €	+19.7%	3,5 M €	+13.5%	3,1 M €	+29.0%	2,4 M €
Balance sheet
Equity	37,3 M €	+12.5%	33,2 M €	+14.4%	29 M €	+99.4%	14,6 M €	+0.0%	14,6 M €
Total assets	51,3 M €	+16.8%	43,9 M €	-4.5%	46 M €	+35.5%	33,9 M €	-0.0%	33,9 M €
Cash	23,8 k €	+25.9%	18,9 k €	-98.5%	1,3 M €	-74.9%	5,1 M €	+26.1%	4 M €
Debts	13,9 M €	+30.4%	10,7 M €	-35.9%	16,7 M €	-10.9%	18,7 M €	-0.1%	18,7 M €
Other
Workforce	7,2 ETP	-19.1%	8,9 ETP	+29.0%	6,9 ETP	0.0%	6,9 ETP	0.0%	6,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 20 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Maarten DEN DEKKER	Directorsince 31/01/2025
Guy JANSSENS	Directorsince 15/12/2023
Tom HAUTEKIET	Directorsince 15/12/2023
Jacques VANDERMEIREN	Chairman of the board of directorssince 29/12/2017
Jan ADAM	Directorsince 29/12/2017

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Daan SCHALK	Director15/12/2023 → 2023 accounts
Gert Van de Weghe	Director04/05/2021 → 2021 accounts
Michel LEYSEELE	Director29/12/2017 → 2018 accounts
Alain JANSSENS	Director02/05/2017 → 29/12/2017

Other companies at this address

Zaha Hadidplein 1 2030 Antwerpen

Company	CBE no.
ANTWERP MARITIME INFORMATION SYSTEMS/Antwerpse Maritieme Informatiesystemen● Active	0859.981.115
APEC - ANTWERP/ Flanders Port Training Center VZW● Active	0416.970.633
Brandweernetwerk Zeehaven-Schelde● Active	1003.720.168
DEURGANCKDOKSLUIS● Active	0837.547.290
Haven van Antwerpen - Brugge● Active	0248.399.380
JABELMAT● Active	0404.479.013
NxtPort● Active	0429.672.881
PAI Invest● Active	0678.600.518
Port of Antwerp-Bruges International● Active	0466.583.658
RAILPORT ANTWERPEN● Active	0538.888.250
SANTIAGO● Liquidation	0663.906.305

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/05/2026	27/05/2025	11/06/2024	08/06/2023	02/06/2022	26/05/2021
General meeting	05/05/2026	06/05/2025	07/05/2024	02/05/2023	03/05/2022	04/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	05/05/2026	19/05/2026	Dutch	PDF
Full model	31/12/2024	06/05/2025	27/05/2025	Dutch	PDF
Full model	31/12/2023	07/05/2024	11/06/2024	Dutch	PDF
Full model	31/12/2022	02/05/2023	08/06/2023	Dutch	PDF
Full model	31/12/2021	03/05/2022	02/06/2022	Dutch	PDF
Full model	31/12/2020	04/05/2021	26/05/2021	Dutch	PDF
Full model	31/12/2019	05/05/2020	29/05/2020	Dutch	PDF
Full model	31/12/2018	07/05/2019	24/05/2019	Dutch	PDF
Full model	31/12/2017	02/05/2018	18/05/2018	Dutch	PDF
Full model	31/12/2016	02/05/2017	11/08/2017	French	PDF
Full model	31/12/2015	03/05/2016	31/05/2016	French	PDF
Full model	31/12/2014	05/05/2015	30/06/2015	French	PDF
Full model	31/12/2013	06/05/2014	21/05/2014	French	PDF
Full model	31/12/2012	07/05/2013	23/05/2013	French	PDF
Full model	31/12/2011	02/05/2012	14/06/2012	French	PDF
Full model	31/12/2010	03/05/2011	18/05/2011	French	PDF
Full model	31/12/2009	04/05/2010	04/06/2010	French	PDF
Full model	31/12/2008	05/05/2009	04/06/2009	French	PDF
Full model	31/12/2007	06/05/2008	06/06/2008	French	PDF
Full model	31/12/2006	02/05/2007	20/06/2007	Dutch	PDF
Full model	31/12/2006	02/05/2007	20/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 20 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Maarten DEN DEKKER	Directorsince 31/01/2025
Guy JANSSENS	Directorsince 15/12/2023
Tom HAUTEKIET	Directorsince 15/12/2023
Jacques VANDERMEIREN	Chairman of the board of directorssince 29/12/2017
Jan ADAM	Directorsince 29/12/2017

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Daan SCHALK	Director15/12/2023 → 2023 accounts
Gert Van de Weghe	Director04/05/2021 → 2021 accounts
Michel LEYSEELE	Director29/12/2017 → 2018 accounts
Alain JANSSENS	Director02/05/2017 → 29/12/2017

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring24/07/2025
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring23/05/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates17/07/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2021
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

JACQUES VANDERMEIREN

Jan ADAM

Maarten DEN DEKKER

Guy JANSSENS

Tom HAUTEKIET

Daan SCHALK

Gert Van de Weghe

Michel LEYSEELE

Michaël GILLIS

Alain JANSSENS

Koen JANSSEN

Guy DE SCHRIJVER

Show the 13 other mandates

1978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

PIPELINK

Zaha Hadidplein 1, 2030 Antwerp-2030

Chairman of the board of directors

Director

Chairman of the board of directorsDirector

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Zaha Hadidplein 1, 2030 Antwerp-2030Current	accounts 2021 → 2025	Accounts 2025 · 2026-00121327

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
PIPELINKCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00121327

Events

2025
Annual accounts 20254,1 M €↓
01/09/2025
nominationRob Wattelé · dagelijks bestuurder
03/02/2025
nominationHakim Boutkabout · dagelijks bestuurder
31/01/2025
nominationMaarten den Dekker · bestuurder
2024
Annual accounts 20244,2 M €↑
07/05/2024
reconductionBDO Bedrijfsrevisoren BV · commissaris
07/05/2024
nominationMichaël Delbeke · vaste vertegenwoordiger
2023
Annual accounts 20233,5 M €↑
02/05/2023
reconductionJacques Vandermeiren · bestuurder
02/05/2023
reconductionJan Adam · bestuurder
02/05/2023
reconductionGert Van de Weghe · bestuurder
2022
Annual accounts 20223,1 M €↑
2021
Annual accounts 20212,4 M €↓
2020
Annual accounts 20203,2 M €↑
2019
Annual accounts 20192,7 M €↓
2018
Annual accounts 20182,7 M €↓
2017
Annual accounts 201711,8 M €↑
2016
Annual accounts 20161,7 M €↑
2015
Annual accounts 20151,6 M €↑
2014
Annual accounts 20141,5 M €↓
2013
Annual accounts 20131,5 M €↑
2012
Annual accounts 20121,2 M €↓
2011
Annual accounts 20111,3 M €↓
2010
Annual accounts 20101,4 M €↓
2009
Annual accounts 20091,4 M €↓
2008
Annual accounts 200825,2 M €↑
2007
Annual accounts 20074,5 M €↑
2006
Annual accounts 20061,1 M €
22/03/1978
IncorporationPublic limited company

PIPELINK

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events